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Mod565 TSL8 - Nominations Referred Calculations

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Presentation on theme: "Mod565 TSL8 - Nominations Referred Calculations"— Presentation transcript:

1 Mod565 TSL8 - Nominations Referred Calculations
Response to action SoS104

2 Mod565 TSL8 - Nominations Referred Calculations
Stage 1 Calculation (>12 days) Networks should respond to a Referral within 12 business days of the date the Referral was submitted. This standard is measured over the month with a performance target of 97% per shipper. Liability payment of £30 per failure. Stage 1 Population is for nominations referred by shipper for all NWOs. Stage 1 Population PPL (97%) Actual Achieved Performance Stage 1 Payable fails Stage 1 Liabilities 12 11.64 10 83.33% 1.64 -£49.20 Planned Performance Level (PPL): (Stage 1 Population) 12 * 97% = 11.64 Fails : PPL – 10 Actual = 1.64 Fails Liability : -£30 * 1.64 Fails = -£49.20 Stage 2 Calculation (>17 days) In addition to Stage 1, a further payment is made if a response is not made within 17 business days. Stage 2 liabilities are calculated at £50 per fail. It does not have a PPL calculation because these payments do not form part of the overall performance measure. The population will always be reported in whole numbers.


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